Office

Read the latest real estate industry news with a focus on traditional office space leases, office property sale transactions, new office project construction and adaptive reuse repositioning programs, and more.

chicago civic opera building and lyric opera bridge viewed from the chicago river

Workbox Plans Its Largest Coworking Space in Chicago

Workbox has set its eyes on the Chicago Loop Civic Opera Building to be the home of what will be the company’s largest U.S. coworking space to date.

STEM innovation

Austin’s Talent Development Secures Top Spot Among Southern Innovation Hubs

When an area displays a significant concentration of skilled professionals — particularly in fields like technology, science and engineering — along with the infrastructure to develop and employ top talent, it creates a powerful engine for economic growth and innovation on a much larger scale.

View of Manhattan Meatpacking District

Fanatics Grows Presence in Manhattan Following New Office Deal

Fanatics recently signed a lease for 54,000 square feet at 345 Hudson St., a 17-story property owned through a joint venture involving Norges Bank Investment, Hines and Trinity Church.

Southwest Florida Coast Renaissance Office Center Changes Hands

Brookwood Financial Partners sold The Renaissance Office Center in Fort Myers, Fla., to an ownership group that included Mayhugh Commercial Advisors, future leasing and operations manager of the property.

Office Spec Project in Allen, Texas, Welcomes 1st Tenant

The speculatively built project was completed in 2024 and is now welcoming its first tenant, as Fibergate relocates its headquarters to The Farm in Allen in the FarmWorks One building.

view of Hudson Yards

Deloitte Signs 800,000-Square-Foot Lease for New Headquarters at Hudson Yards

Deloitte has chosen Hudson Yards as the location for its new North American headquarters. The company will lease nearly three-quarters of the planned 1.1-million-square-foot office building at 70 Hudson Yards, which is part of Related Companies’ extensive mixed-use development on Manhattan’s West Side.

Q1 2025 Office Market Report: Coworking Space Continues Momentum, Office Vacancy & Asking Rates Still Adjusting

Boston, Baltimore, & Orange County lead the ranking among office markets larger than 100 million square feet, while Florida takes four of the 10 best scores among mid-sized markets in Q1 2025.

Santa Monica California

UCLA Health Maintains Santa Monica Presence With Lease Renewal

UCLA Health is maintaining its presence in Los Angeles County after recently renewing its lease for 22,224 square feet at the three-story medical office building located at 2825 Santa Monica Blvd. in Santa Monica, Calif.  

140 Broadway Manhattan

Arup Moves to New Financial District Office in 100,000-Square-Foot Deal

Arup, a global consultancy focused on sustainable development, is relocating its New York City operations. The company signed a lease for approximately 100,000 square feet at 140 Broadway, a 51-story office building in Manhattan’s Financial District owned by Union Investment.

business diversity

Why the CBDs of Columbus, Nashville & San Jose Lead the Way in Business Diversity

The analysis relies on the Shannon Equitability Index – a commonly-used formula in biodiversity studies – to determine how the central business districts of major U.S. cities ranked across three metrics we argue are vital for the richness and vibrancy of local economies.